Post
Topic
Board Economics
Re: The reason to hodl bitcoin
by
Allura74
on 02/09/2021, 07:51:54 UTC
This is very clear for me to about what will happen with time in our future. What has happened to fiat from the above explanation is true and I am not seeing any currency from any country that has not lost value or a little depreciation because of the economic development and changes in the world. This is interesting enough that bitcoin has more advantage

Yes, holding bitcoin in the long term will provide an opportunity for us to get great profits because bitcoin is able to withstand monetary inflation due to its very limited supply, thus making many people and investors choose bitcoin as an alternative to hedging their portfolios, unlike paper currencies in general which at any time can continue to be printed in the desired quantity.
Holding bitcoin is just like a sort of investment, we all hold because we aim to gain more profit in the future, and I agree that on coming years bitcoin will continue to grow its users and the more demand the more its price go higher because it has a fixed supply.